04th December 2012
Global Stock Indices:
Today, global stock indices are expected to be highly volatile. Asian markets may close flat to positive.
If in any case, Asian markets closes negative still we are positive for tomorrow so please hold your long position in Asian markets.
Coming to UK market, we expect it to be volatile to positive. Today, the US market is highly volatile but closing will be positive.
Buy S&P 500 on dips and hold position for next 2 days for target 1,428-1,432.
But we request you to be alert about the fall we expect on Friday. Profit book in S&P 500 by Thursday and again buy back on Friday’s late night and hold position for next week.
As mentioned in yesterday’s letter, S&P went up to 1,424 (nearly our higher target 1,422). It also went down to 1,405 as expected in our weekly letter!
Next week, the US market along with Asian market shall be in bullish trend. We expect some GOOD NEWS in US market next week. We expect S&P 500 to cross 1,465 next week.
We’ll recommend buying S&P 500 for next week at Friday’s late hours.
*-All timings mentioned in this letter are as per Indian Standard Time.
Trading Range (4th December 2012):
- DOW JONES (FUT):ONLY FOR MEMBERS
- S&P 500 (FUT) :ONLY FOR MEMBERS
- NASDAQ (FUT):ONLY FOR MEMBERS
- FTSE (FUT): ONLY FOR MEMBERS
- CAC40(FUT):ONLY FOR MEMBERS
- DAX (FUT): ONLY FOR MEMBERS
- HANG SENG IDX (FUT):ONLY FOR MEMBERS
- NIFTY (SPOT):ONLY FOR MEMBERS
Precious & Industrial Metals:
Today, Precious metals shall be highly volatile.
However, we see positive trend from US hours.
Next 2 days are positive for Bullion but a fall is possible on Friday. So you should book profit in long position by Thursday on higher level.
In next 2 days, we expect Gold to cross 1,752 while Silver can cross 34.20.
Today’s Trading Range (4th December 2012):
- GOLD: ONLY FOR MEMBERS
- SILVER: ONLY FOR MEMBERS
- COPPER: ONLY FOR MEMBERS
Base metals such as Nickel, Zinc and Copper are also positive in next 2 days.
Energy Products:
Crude Oil is volatile to positive for the day. Last Friday, we asked our members to make long position @86.00-87.00 and then we expected it to reach 90.00-93.00. We hope you made profit in last trading session!
Trading Range (4th December 2012):
- Crude Oil: ONLY FOR MEMBERS
- Natural Gas: ONLY FOR MEMBERS
Currencies:
Trading Range (4th December 2012):
- EUR/USD: ONLY FOR MEMBERS
- USD/INR (SPOT): ONLY FOR MEMBERS
Indian Stock Market:
Today, Indian stock market is highly volatile. Closing may be positive. But next 2 days, market is positive. And also note that if today’s closing isn’t positive, still we see positive trend for next 2 days. However, Friday will be NEGATIVE. So cut your long position on Thursday and then again buy back at Friday’s closing hours and hold for next week.
Till 14th December ’12, Nifty can cross 6,000 and Bank Nifty can cross 12,500.
Trading Range:-
- Nifty Fut:ONLY FOR MEMBERS
- Bank Nifty Fut: ONLY FOR MEMBERS
Today, BUY: KTK Bank & TATA STEEL on dips.
You can also make long position in UNITECH, DENA BANK, PSL, JET AIRWAYS, IDFC, YES BANK (all on dips). Also buy DB REALTY for short term for target 160-190. WE EXPECT KTK BANK TO RISE TO 190 IN SHORT TERM.
ALERT: We had been recommending to buy KTK Bank since last month when it was trading @116.00, currently it’s trading @188.00!!!! This has been a very great return to our viewers.
We had recommended to Buy Dena Bank, Yes Bank, Unitech, HDIL on dips (2nd week of November 2012). We hope you made great profit!
FOR ASTRO-TREND FOR INTRADAY MOVMENTS IN THIS WEEK PLEASE REFER TO THE WEEKLY LETTER.
(Updated at : 04/12/2012 7:55:14 AM (IST))
Disclaimer: The above calculations are based on astrology and technical analysis. This is an indicative report only and not to be considered as live trading calls, which is a proprietary service by our team. This report is meant for educational purpose only.
HAPPY TRADING
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